(f) 'We made a profit of $135,000, so why is there only $5,000 in the...
50.1K
Verified Solution
Link Copied!
Question
Accounting
(f) 'We made a profit of $135,000, so why is there only $5,000 in the bank?', exclaimed Mr Feather, the owner of the local 'Fish and Feathers' pet shop. Explain to Mr Feather the relationship between profit and cash flow to help him understand the reason why there is such a big difference between profit and cash in the bank. Ensure you include an explanation of the difference between cash in the bank and profit as well as 2 examples from the question of what should be examined
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.